IPO

  • RITES subscribed over 2 times on 2nd day of the issue.
  • Fine Organic Industries IPO subscribed 39% on second day.
  • Varroc Engineering Limited IPO opens on 26 to 28 June. Price band of Rs. 965-967. Issue size is Rs. 1945 cr. The market size 15 shares.
  • Railways consultancy firm RITES will open IPO from 20 to 22 June, with a price band of Rs. 180-185 per share.
  • Microfinance firm CreditAccess Grameen has received markets regulator SEBI’s go ahead to float its IPO.
  • Beauty & wellness firm VLCC plans to raise Rs. 750-800 cr through IPO within 12 months.

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